framework, which includes four key elements: Customer Value Proposition (CVP), Profit Formula, Key Resources and Key Processes. CVP is described as how a company creates value for a given set of customers at a given price. While, Profit Formula outlines how a company identifies its assets, cost structures, margins and resource velocity to create value for itself and shareholders. On the other hand, Key resources and processes form part of the operational model, they are the assets used by the…
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